Business Daily from THE HINDU group of publications
Saturday, Aug 05, 2006
Business Daily from THE HINDU group of publications Saturday, Aug 05, 2006 |
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Marketing
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Market Shares Logistics - Airlines New airlines capture 31 pc market share in Q1 Our Bureau
All the airlines have seen an increase in the number of passengers carried in the first quarter.
New Delhi , Aug. 4 New entrants in the domestic skies such as Air Deccan, SpiceJet, GoAir, Kingfisher and Paramount have together garnered a market share of more than 31 per cent during the first quarter of this year. The biggest beneficiary has been the Bangalore-based Air Deccan whose market share has more than doubled to 15.2 per cent,up from 7 per cent during the same period in the previous year. The latest data released by the Directorate-General of Civil Aviation (DGCA) shows that Kingfisher and SpiceJet captured a market share of 8.3 per cent and 6 per cent respectively. The Coimbatore-based Paramount Airways reported a market share of 0.3 per cent while GoAir promoted by Mr Jeh Wadia had a market share of 1.6 per cent. These four airlines took to the skies after the first quarter of last year.
Contrast
In sharp contrast, the three legacy airlines — Jet Airways, Indian and Air Sahara — saw their market share slipping. Jet Airways continued its dominance during the first quarter of this year with a market share of 34.9 per cent, below the 44.1 per cent share it enjoyed during the same period in the previous year. Indian's share touched 23.9 per cent (34.7 per cent), while Air Sahara reported just under 10 per cent (14 per cent). All the airlines have seen an increase in the number of passengers carried in the first quarter. While Air Deccan carried more than 11.02 lakh passengers, (3.4 lakh), Kingfisher Airlines 6.05 lakh and SpiceJet 4.34 lakh. Jet Airways carried 25.28 lakh passengers (18.63 lakh),. Indian 17.35 lakh (16.76 lakh) while Air Sahara 7.06 lakh (6.87 lakh).
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